27 August 2018 Belgian Tax Authorities publish FAQs on IP regime The Belgian Tax Authorities published a list of Frequently Asked Questions (FAQs) on July 26, regarding the application of the Belgian intellectual property (IP) regime, i.e., the innovation deduction. The innovation deduction entered into force on July 1, 2016 and takes into account the requirements of Action 5 of the OECD's Base Erosion and Profit Shifting (BEPS) Action Plan. The innovation deduction provides a deduction of 85% of the net qualifying IP income, resulting in an effective tax rate of 4.4% (2018-2019) and 3.8% (from 2020). Document ID: 2018-1702 |
